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20121104
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Search Results 0 to 49 of about 91 (some duplicates have been removed)
of a lot of the defensive sectors in the s&p 500 as you made note over in the past. we see a lot of the typically defensive sectors now trading at multiples two or three times above the larger broader markets, and actually that's worrying. >> tom: couldn't the kind of situation we're seeing on the eastern seaboard, though, the short term economic of the destruction that we're seeing -- forget the rebuilding for now. couldn't that lead to a more defensive stance on the parliament of shareholders? >> it could, but that would probably be to exit those markets or to enter more safe securities f. that were to be the case tomorrow, again, you would be headed to our staples neighborhoods rjs the dividend producing ighbhood and e exception of utilities given their hit in this storm. look, it's the end of the month. we've been off two days. tell be an interesting day to watch. >> tom: very interesting. do you wind up buying, though, if you see the initial reaction moving lower? i guess if you're moving away from defensive areas are you looking for growth and where are you going to find it
stronger defense. let me welcome now a person steeped in cyber, a member of president obama's gemmer circle, psychiatry homeland security janet napolitano. [applause] she's going to give a few remarks of the podium and then we are going to sit down for discussion and welcome your questions as well. and along with running americas homeland security department come and the whole range of responsibilities from terrorism to natural disasters, and i just always loved to mention this that before coming to washington, she of course was the governor of arizona. she chaired the national governors' association, and she was the very first female valedictorian at the university before she got her doctorate. i love that. miss napolitano. >> good morning everybody. i thought i would do is give you a little update on the storm in part because as mentioned, disaster response is one of the key elements of the department of homeland security. fema as part of dhs and as you will see in my comment, there is an analogy to cyber and cybersecurity that i want to be able to draw for you. but we all know that sandy
contracting the big defense companies, and most is defense relatedded saying, hey, this is what we're doing. we can't be as open because the are largerompanies that can't move as quick, but a smaller company that's pretty much one location, one set of business criteria, we just made the choic to act quickly and to get ourselves into the position where we could recover once things get going in the right direction. neil: a lot embracing for the sequestering cutting that will take a lot out of defense spending, and, in fact, warnings have gone out to them and to their workers, you know, prearm for tough times. what if they miraculously make a deal, make, avoid automatic cuts, delay them, whatever. is everything back on? is your business back on? are the cuts that you made unnecessary? do you bring people back? open up other factories? what do you do? >> well, no, i don't think -- the industry doesn't move fast. the defense industry moves slow, slower than a normal business sector so i would say that we wouldn't be hiring peop back. we made those changes to line ourselves with that the next 12
] let's repeal the patriot act. [cheers and applause] i would have never signed the national defense authorization act allowing for you and i as u.s. citizens to be arrested and detained without being charged. that's the reason we fought wars in this country. [cheers and applause] i promise to submit a balanced budget to congress in the year 2013. that is a 1.4 trillion reduction in federal spending. if we don't do this now, we are going to find ourselves in a monetary collapse and a monetary collapse very simply is when the dollars we have in our pockets don't buy a thing because of the acome anying inflation -- because of the accompanying inflation that goes along with every dollar we spend. thathe only candidate wants to eliminate income tax, eliminate corporate tax, abolish the i.r.s. and replace all of that with one federal consumption tax, the fair tax. i think it is the answer to our exports, it is the answer to american jobs. [applause] >> in what way way does the war on drugs impact americans? that was submitted by jeff tanguay via facebook. >> the war on drugs has been an u
occasions they were told to stand down and to not go in there. defense secretary leon panetta said we simply didn't have enough information for individuals to go into that zen. what do you make of all of this? >> we're in the stage now of conflicting explanation by the administration. we are long past the point of confusion about what happened on the terrorist side. we know it was a planned terrorist attack. this mohammed video explanation which was always foolish is out of the picture. but now the administration is saying different things. this fox report about the cia denying additional help telling its agents there to stand down was contradicted yesterday by the cia itself. so general petraeus is saying it wasn't the cia who denied the request for additional assistance, implying it was somebody at a higher level of authority. and the point you make about defense secretary panetta is also important. jason chaffets, congressman from utah said last night on the hannity show that he spoke with general carter ham, the commanding general of the after infantry -- africon. he said i was never ask
effect next year. $55 billion in defense alone. a study funded by the aerospace industry association finds more than 2 million jobs will be lost by the end of next year, more than a million in defense and nearly as many nondefense-related jobs. only 16% of these are federal workers. the majority of the pink slips will be in the private sector. now voters in key battleground states are going to feel most of this, ali. in florida where you are, that same study found about 80,000 total jobs lost. in virginia where you're headed next week, more than 207,000 jobs lost. of course it's home to numerous defense contractors and military bases, including the pentagon. then take a look at california and texas. not swing states but both, both of those states would be hit hard if the sequester happens. but ali, spending cuts are just part of the fiscal cliff. there are also monster tax increases that will take effect and as the bush tax cuts expire, the amt tax expires, i could go on and on, payroll tax holiday, nonpartisan tax policy center say american households face on average 3500 in higher
's also true that the disclosure of certain highly classified sensitive national defense information security grounds the protect the secrecy of information critical to the national security and the right to free speech and the value of the informed citizenry is not absolute to the nation's security as the fourth circuit said in the u.s. versus morrison they said public security can be compromised and to raise the information is needed for democracy to function and the physical security which a functioning government requires or as the district judge in the district of virginia couple of years ago he wrote to the defendant's first amendment challenge to the espionage statute is the tension between the government transparency so essentials of the space society on the one hand and the government's equally compelling need to protect the disclosure information that could be used by those that wish to do the nation harm. the tension between the two principals, the first principles as i call them is not one that will necessarily resolve this morning but i mention them because it does and f
it a little more defensively, like jeff said. also, something that's reminding me of 2007, the third and fourth quarter of 2007, we're starting to see weakness in consumer discretionary, small cap, and mid-cap. when you start to see those bull market sectors, not to mention technology sell off, i think you just want to become a little bit more cautious. not bearish. defensive, cautious. >> yeah, you say portfolio managers are doing window dressing right now, jeff. >> they are. you can see some of it. i think it's absolutely refle reflective of what abigail just said. there's a tendency to get away from the cyclical stuff, to go towards the defensive stocks. i'm watching the vix levels here. i think there's a lot of complacency in the market, which is very dangerous. we've seen the market get to this low end. it's almost always been resulted in bad things, sell off time. again, we have all these risks coming up that i think are going to make investing a very difficult road. i would watch the volume levels. i think you're going to see people heading for the exits. >> all right. we'll l
-- [inaudible] and given that we have very recently, only last night, met with the secretary of defense. would the prime minister meet with me and other interested members to discuss this issue? >> i'm always happy to talk to colleagues about this issue, as i know the ministry of defense and the secretary of state is. as he knows, we've had to make difficult decisions to put in place the future structure of the army with 82,000 regular soldiers and a larger reserve of 32,000 territorial army soldiers. i think that is right. clearly we've had to make some decisions about the regiments and battalions, and we were trying to save as many as possible. i think the proposals have taken that into account but, of course, the defense secretary will go on listening to representations. >> [inaudible] >> mr. speaker, will the prime minister confirm that the changes to child benefit due to be introconstitutioned in january -- introduced in january this year, next year, is -- that the cost of that, the overall cost is very much over 100 million pounds? >> the changes that we are making to child benefit where
, the defense took control. the second half was a lopsided affair. in the 58 minute, the second goal. robinson scored his second ride before the final whistle. the final score -- 4-0. >> lots more german cup matches on wednesday evening. here is a roundup of all the results. had ever needed a penalty shoot up to subdue dresden. third division upset second division. also, a minor upset. he stood guard convincingly defeated -- stuttgart convincingly defeated thereupon. that brings you up-to-date on the "journal." >> we will see you soon. captioned by the national captioning institute --www.ncicap.org--
of sitting on a lead. there's a way in which the president has been too defensive, too reticent in his demeanor through the campaign. and if you pull the camera back and look at the last couple of months, there's no question whatever the momentum factor is in these last few days, no question that over that broader period, there has been momentum toward romney. and people he was not really close challenger, he is now. and i think that factor is there. and you can just see it. you can see it in his body language. chris: i can see what obama is trying to do. he's trying to remind people of all the stakes in this election. if you get, for example, george w. bush elected over an al gore it makes tremendous impact. you go to war perhaps. >> and katty's point, does that get the people skiletted in 2008 by this hope, change message and by obama as the candidate as excited as playing to the fear that -- especially playing to 12 years ago, i'm not so sure. chris: ok. >> i agree with that. if at any point obama had said here's what we're going to do and it's really exciting, over the next four ye
. there are some challenges at the aerospace and defense industries , where classified material is to be protected. but in the engineering field, the banking field come in the telecommunications field, the education field and the consulting and providing its services and maintenance and operations and logistics field, the opportunities there limited only by the imagination. could you elaborate a little bit on how this is going in your view and for boeing in particular for seizing this opportunity and taking saudi arabia and students before they returned to the kingdom, where they expected to know a lot more than actually they would know, unless they have the practical hands-on experience. >> well, it's going well in dealing with the initiative of leadership and american firms we are seeing some success. boeing has a london presence as mro facility there in the airport. so they have a foothold to do that. i mention emd. this last summer and across the company summer high your program for students. they've got a 60 plus year presence there, so bill swanson, ceo clearly understands the value. here's
thought. lockheed martin. a defense. aig reported tonight. be aware, that is a big position for my charitable trust. and enterprise product partners which i wish was a position that has done a fantastic job. we have insurance company, we have a check to credit card play. utility and defense company. some might think that aig is too much like visa, that someone would be wrong. go to b.t. in colorado. >> caller: a great sand dunes national park boo-yah to ya. >> i'll give you a nuggets lost to sixers boo-yah. >> caller: my portfolio is diversified. gld, boeing, ebay, devon energy, and abbot labs. >> ooh. action alert names there. before i get to the gld, may i tell you why i like it so much? barrick gold, many people think it's the best gold company. that stock is down 10% because they didn't do a good job digging up gold. you own gold and then you're a loser. that's not what i want. let's go to work. abbott is a great pharmaceutical. ebay, that's paypal. we like that. boeing, aerospace, i'm shocked this stock is at $71. i'm not crazy about devon. they better not disappoint. we have
the minute it happened that includes the secretary of defense chairman of the joint chief secretary of state national security advisor et cetera the deputies committee the second in command at the relevant national security agencies met at least once and more often twice a day to manage the issues. republican senator john mccain says when you add all of the evidence up the administration must have known all along this 9-11 attack was not spontaneous. >> this was a classic scandal where almost every day or every few days the shoe drops. i think it could be bad as watergate. one of the veterans said yes but nobody died in watergate. they have a point. >> jay carney said yesterday the president is anticipating the result of an fbi investigation. >>> peter doocy, thank you so much. more on that through out the morning. >>> the big story this morning people up and down the east coast surveying the damage left behind by hurricane sandy. the death toll right now stands at 90. it could go even hire. more than 4 million people remain in the dak. most of them in new york and new jersey. the loss of po
. here's once from trace, no doubt the, well -- hi, jim, as we all know the department of defense is planning to downsize the military over the next few years as we also conclude our business in afghanistan. do you believe the large amount of military personnel and contracts and personnel will flood the market and increase the demand for goods? no, trace, i don't think it will move the needle. the army and navy, they don't move that fast. in anyway there could be a peace dividend where we got to cut the deficit. i don't think you should look at this issue in a way to make money off it. it's really not a needle mover. it can be negative for a lot of the defense companies as we know. they've been under a cloud because of these cuts. here's one from danny in new york. hi, jim. i have heard you say when considering the playing the down side of an equity you would short the stock rather than allow a put. please elaborate on your reasoning for this. >> if i have created any misperceptions that i favor shorting stocks it is completely out of character with all my books and what i used to
. information relating to the national defense, it's a statutory term. presumably, congress has the power to give content or further content o that statutory term. so i'm with john and glenn on that point. i think maybe the better solution is process where there's noticing common rulemaking where there's a proposed set of standards, and individual agencies have to show up outside the context of the case where the politics are going to skew the considerations and to say here's a general category in which it could be included. i mean, i think that would be an interesting exercise if nothing else. >> with, perhaps, constant review -- >> yeah. >> so that it can change over time, right? glenn, do you have anything to add? >> in response to your question, i think the threat can be immeant or a long-term threat and can still be threats that need to be addressed in the national security context in the declassification review. what struck me when we were doing our reviews was not the imminence argument, but the mosaic argument that this alone won't be a threat to national security, but you combine
. and a means forgoing these across-the-board defense cuts that, this man heinrich supported so that we don't lose another 20,000 jobs next year. that's what i will do in the united states senate and i look forward to the discussion this evening. >> martin heinrich, your opening statement. heinrich: growing up my dad was an electrician. my mom worked in a factory. they worked hard and stretched every dime but there were still tough times along the way. so, i know what it's like to struggle in a tough economy. and i'm running for the senate because i want our children, yours and mine, to inherit the kind of country that we all believe in growing up. an america where you prosper if you work hard and play by the rules. i want you to know that my priorities are mexico's priorities. protecting social security and medicare. tax cuts for the middle class, keeping our promises to our veterans and making college more affordable for everyone. i come home nearly every weekend so i can hold the job fairs to meet with the mexicans and raise my family. i've always fought for the things that matter most t
saturday morning at 10 eastern on c-span. >> the british defense committee is holding a series of hearings looking into the progress and security situation in afghanistan. tuesday members heard from the british ambassador to nato, the joint forces commander and the deputy commander for nato's afghan training operations. the two-hour hearing focused on several topics including the 2014 timetable for nato and british troops to withdraw from afghanistan. the threat of green on blue attacks and training the afghan forces. nato and u.k.-armed forces have been in afghanistan since october of 2001. this is just under two hours. >> whale come to all of you -- welcome to all of you to evidence session on afghanistan which we are using today to look at what the current state of operations are and who is in afghanistan and how well the after began national security -- afghan national security forces are doing and how well we are going to be planning for withdrawal from afghanistan. and i, therefore, would welcome as full evidence as you are able to give at the current state of planning for all of thi
' defense is terrible. may have fired their defensive coordinator. doesn't matter. this team need an overhaul. >> maybe hearing more about nick falls, replacing michael vick in the next week. >> falcons though. talk about the falcons. >> give them credit. >> give them credit. a great job. 7-0. not the best team in the nfc. may not be the second best in the nfc. >> would you say the bears would be one of the best in the nfc, despite barely beating a panthers team. they came back. awe showing some moxie and wear it proudly, faris. >> defense belter than any in the nfl now. they don't give up a lot of points. they create so many turn yoefz. more than just about any team in the league. the question is can jay cutler make good decisions. does he not have to be that gunslinger. if jay cutler could figure out a way to just keep it contained, not try to make the big play all the time. great receivers, guys like brab don marshal. i think chicago could be the biggest threat to the new york giants out there right now. even bigger than atlanta. >> cutler, on the game winning drive. 6 of 7. se
the department of defense is planning to downsize the military over the next few years as we also conclude our business in afghanistan. do you believe the large amount of military personnel and contracts and personnel will flood the market and increase the demand for goods? no, trace, i don't think it will move the needle. the army and navy, they don't move that fast. in anyway there could be a peace dividend where we got to cut the deficit. i don't think you should look at this issue in a way to make money off it. it's really not a needle mover. it can be negative for a lot of the defense companies as we know. they've been under a cloud because of these cuts. here's one from danny in new york. hi, jim. i have heard you say when considering the playing the down side of an equity you would short the stock rather than allow a put. please elaborate on your reasoning for this. >> if i have created any misperceptions that i favor shorting stocks it is completely out of character with all my books and what i used to do with my hedge fund, when i was working for people at goldman sacks or trading for
the biggest player. let me bring in a white house defense here. the president pointed out in the last debate that the dollar is right now at its most advantageous for exporters to china since obama came to office. he actually said the most since 1993, i think. that we're moving in the right direction. they have let this currency float a little bit in that band. isn't that a sign of progress, that the chinese are listening? >> let's see. let's look at that plan. first of all, it's a very parochial plan by the president. he doesn't really see the big global picture. here's the problem, yeah, the yuan has gone up some. but the dollar's gone down more over the last two years. so that fits peg to the dollar by china is actually hurting every other country in the world, including europe, which is in the tank. so that's number one, when you talk about the president's view on that. the second thing is, if you look at when the president took office, christine, the trade deficit with china has grown every single year and is now going to breach $300 billion. over the course of his term we've added over
's all right. i already feel the glow of san francisco's progressive approach to things. and in defense to the other counties, i think that, you know, that's the challenge we always face with legislation, should one size fit all? and i think that the whole purpose of the realignment approach was to allow individual counties to experiment with programs in dealing with individuals who are charged with crimes, either providing treatment a little bit more treatment model, and a locally based model because those individuals are from those specific communities. and i think those communities need to have the flexibility to be able to develop those local solutions. obviously, san francisco is blessed with a probation chief and she told me earlier that certain people are supervised by probation and is not the general rule throughout california. i think los angeles, where i'm from, there was no supervision for misdemeanorsby
like materials would do well, so we want to be not overweight the defensives. we want to play continued economic recovery. >> tom: looking for growth there, rob, how about it, is it on your buy list as well? >> you know, i'm not so sure i like overweighting technology at this point. it has come a long way. and i think it might take a little bit of a breather. consumer discretionaries i think should hold up prty well. materials, i like it i would actually for the first time in many years put a toe in the water in financial. i think you might see a little overperformance there, after the drama of the end of this year, beginning of 2-13 is behind us. might be a good opportunity to buy some of the things that get thrown out with the drama and fiscal cliff. >> a lot of those banks have been thrown out, certainly over the past several years. guys, we have to leave it there. a couple of market pros from the midwest, scott ren with wells fargo and rob stein withaser assetmanager. >> tom: sandy has brought some modes of transportation to a stand still across the mid- atlantic and northeastern u.
defense spending. the issue is a deficit which is a huge drag long term and the spending of government and a lot of this will depend honestly on who is elected. >> stay with us. first we'll check on the markets to the degree that we can. u.s. futures have been trading in the overnight and morning session. >> currently trading a little bit more than 40 points below fair value. let's show you european markets. a bit higher this morning by good numbers out of ubs and bp. ftse 100 up 35 points. xetra dax up 0.8%. ibex up 0.6%. let's remind you what's going on as far as reinsurers are concerned. impact on hurricane sandy as well. all the big reinsurers are up. this is an expectation maybes wills aren't quite as heavy, but of course if you to get losses, also hardening rates in the long term anyway. an auction coming out of italy today. that's in about an hour or so time. we have three to four billion. might raise more than that. yields just a little lower today, just below 5% for italian. ten year spanish yields, 5.64%. still okay for now for the spanish government. euro-dollar is 1.2929 la
in that capacity and he is one of the few republicans who looks at the defense budget and can make a strong case for ways to cut spending on defense. he is intriguing to a lot of voters as a result. host: let's talk about this race for a second. guest: ed is one of the hardest working people if not the hardest in the coming negation. joe coors has put in $3 million into his own race and he is from the coors beer family. he has made a point of saying that he built his own fortune in the manufacturing business. they are also competing in a newly we don. -- a newly redrawn district. it includes points west of the city of denver. all accounts are that the congressman has a fight on his hands but he is up to the task. this is the third congressional district, southern colorado and what we call the western slopes, west of the continental divide. that has incumbent tipton and sal pace. pace is also from the state house of representatives. eye's another to keep an on. host: next caller, jan from louisville, tenn. caller: no one ever mentions ever mentionsbenghazi. -- about benghazi. i have not read any
Search Results 0 to 49 of about 91 (some duplicates have been removed)